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Petrol Proposes Dividends of EUR 7.5 Per Share

Ljubljana, 08 April (STA) - The management board of energy group Petrol has proposed dividends of EUR 7.5 gross per share for 2010, up from EUR 5.9 in the year before. The proposal will be put to shareholders at the 19 May annual general meeting, the company said on Friday.

The proposal means EUR 15.65m, over three-quarters of last year's distributable profit, will be allocated for dividend payments. Only EUR 3.3m will be set aside for other profit reserves, according to documents for the AGM published by Petrol.

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